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Quite simply, senior corporate executives are too often paid
to worry about things other than creating value. When managers
dont own the companies they manage, or own only a small percentage
of the outstanding shares, its hardly surprising if value
creation is not their top priority, because the value they may create
belongs to others...
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Quite simply, senior corporate executives are too often paid
to worry about things other than creating value. When managers
dont own the companies they manage, or own only a small percentage
of the outstanding shares, its hardly surprising if value
creation is not their top priority, because the value they may create
belongs to others...
Essay fragment
General points of the essay
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